Until Brazil makes a political commitment to curb deforestation in the Amazon rainforest, the trade deal between the European Union and South America’s Mercosur trade bloc will not advance toward ratification in Europe, the EU’s envoy in Brasilia said.
Former Uruguayan President Tabaré Vázquez died on Sunday morning aged 80 from lung cancer, which he had been suffering from since 2019, in the final stretch of his second presidency. His successor, President Luis Lacalle Pou, announced three days of national mourning.
Uruguay detected 284 new Covid-19 cases on Friday, reaching the record number of 1825 active cases, a few days after the barrier of a thousand cases was overcome and the government of Luis Lacalle Pou announced restrictive mobility measures last Monday.
The Tannat cable system connecting Uruguay and Brazil by sea has now been officially extended to Argentina. The cable is co-owned by Uruguay’s state-run telco Antel and by Google. Active since 2018, the 2,000km system links Maldonado, near Montevideo in Uruguay, to Praia Grande/Santos in Brazil’s São Paulo state.
Latin American corporate credit indicators point to an improving economic and operating environment for most countries across the region in 2021, according to a series of new reports from Fitch Ratings.
Uruguayan foreign minister Francisco Bustillo leaves this week for Spain the first of a round of European countries ahead of the coming Mercosur summit to be held next month, under the presidency of Uruguay. Finalizing the Mercosur/European Union trade agreement is the focus of the trip.
A Chinese company entered the competition to manage a section of the Paraguay-Paraná Waterway, joining four European companies seeking to win the concession to deepen the draft and provide maintenance on approximately 1,238 kilometers of the river course beginning in 2021.
The Argentine president Alberto Fernández made a surprise visit to Uruguay on Thursday to meet his peer Luis Lacalle Pou, with whom they shared a barbecue and according to both leaders addressed bilateral and regional affairs with special emphasis on trade prospects such as the Mercosur/EU trade agreement.
Data from SECEX (foreign trade secretariat) compiled by ABIARROZ (Brazilian rice industry association) shows that Brazilian rice exports (husk base) totalled 153,500 tons in October, a volume 84% higher than in the same month of 2019 (83,570 tons).
Brazil has issued a protocol instruction legally authorizing imports of genetically modified (GM) soy and corn from the United States at a time when Brazil is dealing with low stocks and record prices for these products.